What do Professional Services Firms Look For When Renting Office Spaces?

Offices in Delhi NCR

With the emergence of digital enterprises, and network and team-based organizations, the future of work is increasingly shifting to that concerning grounded workforce, agile workspaces, and technology-driven work culture in the new normal amidst the virus. Currently, the corporate world is witnessing an uptrend in innovation and creativity when it comes to reorganizing office spaces and meeting rooms as per safety and social distancing norms.

As such, office spaces that speak flexibility and safety while being aesthetic and functional at once are gaining deeper acceptance among businesses, especially professional service firms seeking to rent office spaces in Delhi NCR. Max Towers in Noida and Max House in Okhla, New Delhi, the ventures of Max Estates, with their avant-garde human-centric design and superior state-of-the-art technology, house such amenities and functionalities to suit specific business needs.

Professional and consulting firms seek spaces that are customizable, lend IT security to their processes, and are situated at prime locations for their clients and employees to get back to work. The need for physical interaction with clients and face-to-face collaboration amongst employees is paramount for professional firms, which, being service-based organizations, rely majorly on human capital. A well-designed office space acts as a catalyst for workforce productivity, adds to the persona of the company’s image, and can be a trust factor when dealing with clients. Let’s have a look at a few factors that professional firms seek while renting office spaces:

Flexibility and Customization
Every professional service firm has a character, work culture and philosophy of its own. Such firms often look for spaces that are customizable to match their specific needs. For instance, some firms like fluid spaces where employees can move, work and relax like an open floor seating arrangement with an assorted mix of furniture while another might require fixed workstations to work from. Flexibility with respect to time-specific office space needs is another factor that firms look for. The freedom to contract or expand space as per requirement is essential for long-term leasing agreements.

Max Asset Services carries out the fit-out process in all Max structures to cater to firm-specific use-cases with an option to design, build and operate as per client needs.

Adherence to Safety
The safety parameter is gaining prominence as the coronavirus has become a new reality. Service-based firms scout for office spaces that adhere to six feet social distancing norms in their floor plans, regular sanitization drives, and touchless entry points. At Max, we encourage the golden rule of 5’s- Staggered workforce, non-contact screening, six feet social distancing, sanitization drives as well as hand-sanitizing stations and stay-at-home provision for those who are sick.

Besides that, Max’s 3-tier clean air technology, coupled with CO2 sensors, provides air quality on par with global standards. The WorkWell environment at Max wraps employee wellness and work productivity into its design. Bharat Anand from Khaitan and Company adds to the testimony:

“Max Towers is an obvious choice for any organization that believes in quality and for us it was very much the same story. Perhaps the cleanest air quality as a building in the NCR region and great facilities that are demanded by now the young and highly skilled workforce. It’s the sort of building that makes you feel better about the place you work the moment you enter the building and in some ways has an effect on your calmness, your motivation levels and building pride at where you work location-wise.”

Aesthetics
It is a proven fact that a tastefully and aesthetically designed office space can boost the productivity and mood of employees. The color palette, choice of furniture, strategically placed art pieces, lighting- both natural and artificial, biophilia among others determine the body language that the culture of an organization speaks. For service-based firms, direct interaction with clients is of utmost significance. Such firms look for offices that speak their personality- may it be a sophisticated no-nonsense image or an image that bolsters innovation and creativity.

For instance, At Max Towers Noida, the entrance lobby is a work of art itself. Added to that ample sunlight, greenspaces, stairway art gallery, thoughtfully designed and vibrant workstations, conference rooms and cafeteria add to the fervor of the work environment.

Location
Location is one of the top considerations while renting office space. For service firms such as law, accounting, etc, accessibility of the address in terms of public transport, parking facilities, allied amenities like restaurants, and neighborhoods should be assessed. An office at a prime location helps in building the trust element of clients. Max House at Okhla is located at the heart of New Delhi, within the business hub, making it a viable location for professional firms. Bharat Anand has something to add to this,

“Also, it’s (Max House Okhla) very convenient. All the key landmarks of Delhi, particularly the High Court, the Supreme Court; places like The Cannaught Place, Bhikaji Cama, etc, are all very easily reachable, so it really ticks all the boxes for us.”

Infrastructure and Amenities
Firms, while seeking office spaces, also note the infrastructure- physical and technological and the amenities accompanying the main work area. Professional services are heavily dependent on technology these days. Wifi-connectivity and integrated technology solutions for digital collaboration have become a must. Added to that, physical amenities such as parking, cafeteria, lifts, auditorium, gymnasiums, decompression spaces, shopping complex, etc help in balancing employee work-life balance and culture of any organization. To improve their functionality and focus on core areas, firms look for managed spaces that relieve them from the task of repair and maintenance.

Max Estates are built keeping in mind the WorkWell philosophy to accommodate every possible amenity that can enhance the work environment. Vivek Dahiya, Managing Director, Logistics and Industrial, Cushman & Wakefield says about Max,

“Max House Okhla in Delhi is a very unique graded new development with its focus on wellness. Multi-level car parks, amenities on the terrace. multiple floors with open areas having terraces providing brilliant views to the green landscape around the site is a unique opportunity for occupiers to evaluate and consider seriously when they are looking at setting their footprint in Delhi it is a brilliant cooperative quarter vocation which should cater to every large, good corporate need the amenities that have been planned should also meet all world-class specifications and should be evaluated seriously.”

Cost-Effectiveness
Renting an office space in Delhi and NCR can be quite an expensive affair, especially in commercial hubs and prime locations. Firms, while finding the right office space, look for cost-effectiveness both in the long term and short term to reduce their fixed costs. Customizable and scalable office solutions help in saving costs. Often the leasing agreement includes the maintenance contract too. With Zero Capex Solutions in place, Max ensures that its clients have a lower monthly outflow using upfront Capex amortized over the life of the lease.

Max Estates, established in 2016, is a trusted name in residential and commercial spaces. With its team consisting of designers, engineers, architects, planners, and specialists, and collaboration with global leaders, it is committed to delivering the highest global standards of quality and excellence. As Sahil Vachani, Managing Director at Max Ventures, says, “you can either be disruptors or be disrupted”, Max structures respond to every kind of business need and are ready to change the corporate real estate game.

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